News
Insurance
The hedge fund reinsurance model has had plenty of critics but Greenlight Re is still going, still growing and proving them wrong, as Brendan Barry, chief underwriting officer, of Greenlight Re, tells Intelligent Insurer. 10 October 2017
Insurance
SJL Insurance Services said that it has achieved a “much sought after” Lloyd’s broker accreditation and also formed a new London markets division to facilitate and also further drive growth in the UK and worldwide. 9 October 2017
Reinsurance
SCOR said on Oct. 9 that Hurricanes Harvey, Irma and Maria, as well as the Mexico earthquakes, will cost the company €430 million net of retrocession and tax for the third quarter of 2017. 9 October 2017
Insurance
Lancashire Holdings said on Oct. 9 that it expects aggregate losses from recent nat cat events in a range of $106 million to $212 million after anticipated recoveries from its outwards reinsurance programme and the impact of outwards and inwards reinstatement premiums. 9 October 2017
Insurance
The Hanover Insurance Group said on Oct. 5 that it estimates third quarter catastrophe losses to be in the range of $185 million to $225 million before taxes and net of reinsurance. 6 October 2017
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has appointed Gareth Birch as managing director of its UK small business and personal lines division, taking over the role from Martin Oliver who is set to leave the business at the end of October. 6 October 2017
Insurance
The private US property/casualty insurance industry saw its net income after taxes dropped 29.2 percent year on year to $15.5 billion in first-half 2017, according to data provider Verisk Analytics. 5 October 2017
Insurance
PartnerRe said on Oct. 5 that it expects combined catastrophe losses of approximately $475 million from its exposure to hurricanes Harvey, Irma and Maria for the third quarter of 2017. 5 October 2017
Insurance
UK-based Aviva said on Oct. 5 that it agreed to acquire a majority shareholding in Wealthify Group, the parent company of 'robo' investment service provider Wealthify. 5 October 2017
Insurance
Insurance broker Lockton International has hired Alistair Rivers as global head of marine and transportation. 5 October 2017
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